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"China's most important growth industries can benefit enormously from innovations in chemistry. Thanks to continuous investment in research and development over the past several years, we are able to support our customers in China and the entire Asia-Pacific as they strive to improve consumers' quality of life, address the challenges of rapid development and meet their sustainability goals," said Stephan Kothrade, president functions Asia-Pacific, president and chairman Greater China, BASF.

"China's economy continued its rapid rebound last quarter, with the recovery broadening out and becoming less reliant on investment-led stimulus," CNN quoted a research note written by Julian Evans-Pritchard, senior China economist for Capital Economics, as saying.

"Compared with other major central banks of developed economies, the PBOC's balance sheet expanded only moderately, and it has room to further cut the reserve requirement ratio and interest rates," said Zhang Xiaohui, a senior researcher at the China Finance 40 Forum, which engages in finance policy research, and former assistant to the governor of the People's Bank of China, the central bank.

"Congratulations, Tiger! To come back and win the Masters after all the highs and lows is a testament to excellence, grit, and determination," former US president Barack Obama wrote on Twitter.

"Consumer behaviors are analyzed through e-commerce platforms as the tech giants are fully capable of launching big data analysis," said Wang.